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1. What are the three main factors that determine the capital cost of a piece of equipment such as a heat exchanger at a given time?
2. What is the Chemical Engineering Plant Cost Index (CEPCI) used for, and what does it measure?
3. What is the difference between the total module cost and the grassroots cost of a chemical process?
4. When would you use a cost exponent of 0.6?
5. What is meant by the economy of scale?
7. The pressure factor Fp for a shell-and-tube heat exchanger is significantly smaller than for a vessel over the same pressure range. Why is this so?